Mineral explorer Canada Zinc Metals has added additional mineral claims to its fully-owned Kechika Regional project that extends north-west from the Akie property for about 140km covering the Gunsteel formation shale.

Yuen North measures about 2,687ha and extends over an inferred western panel of Gunsteel formation shale by a strike length of about 5km.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all
"The new Yuen North property provides coverage of the western panel of interpreted Gunsteel shale and even better positions us to find new mineral discoveries."

The new property, including the Cirque East and Pie properties, are the subject of an option deal signed with Teck Resources and Korea Zinc that allows both the firms to spend up to $8.5m to buy up to a 70% stake in the properties.

The Yuen North area, which is not part of the option deal, was flown this summer by the company as part of its 2013 VTEM Airborne Geophysical Survey.

Since 2005, Canada Zinc has found a significant body of baritic-zinc-lead SEDEX mineralisation known as the Cardiac Creek deposit, while drilling on its flagship exploration project, the Akie Property.

See Also:

Canada Zinc Metals president and CEO Peeyush Varshney said that the Yuen North property is a natural addition to the company’s Kechika Regional project.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

"We see favorable geology and positive historical geochemical survey results coupled with conductive trends from the current VTEM geophysical survey data, similar to our Cardiac Creek zone on the Akie property," Varshney said.

"With over 23km² of mineral claims, the new Yuen North property provides coverage of the western panel of interpreted Gunsteel shale and even better positions us to find new mineral discoveries."

Last year Canada Zinc conducted a reconnaissance hydrogeochemistry survey on parts of Yuen North to infill sample gaps between Mt. Alcock and Yuen.

Energy